Fertilizer Current Affairs, GK & News

Additional fertilizer subsidy of Rs 1.10 lakh crore

Union Finance Minister recently announced that the government will provide an additional fertilizer subsidy of Rs 1.10 lakh crore to protect farmers from the rise in fertilizer prices. What will be the total fertilizer subsidy? With the recent announcement, the government’s total fertilizer subsidy will reach Rs 2.15 lakh crore in the current financial year ..

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India- Jordan MoU for cooperation in fertiliser sector

During the visit of Union Minister of Chemicals & Fertilizers Dr. Mansukh Mandaviya to Jordan, MOUs were signed with Jordan to ensure the supply of Phosphatic and Potassic fertilizers to India. The objective is to secure fertilizers for the short and long term. This comes in the backdrop of the ongoing global fertilizer crisis. How ..

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Integrated Plant Nutrition Management Bill, 2022

Central government has proposed a law to empowers it to fix maximum selling price of fertilizers and control its quality and distribution. Key Points Department of Fertilizers has asked comments on the draft Integrated Plant Nutrition Management Bill, 2022, from all the stakeholders. It is convenient in public interest that central government should take under ..

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IFFCO to launch Nano Urea

Indian Farmers Fertiliser Cooperative (IFFCO) will launch Nitrogen fertilizer-based Nano Urea in market in June 2021. Highlights A 500-ml Nano Urea is equivalent to 45kg of normal urea. 500 ml urea costs around 240 rupees. Apart from that, it will reduce input cost of farmers by 15% and cultivation will increase the yield by about ..

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GoI increases Fertilizer Subsidy by 140%

On May 19, 2021, the Government of India increased fertilizer subsidies to Rs 1,200 per bag. Earlier, it was Rs 500 per bag. Thus, the subsidies have been increased by 140%. Why the subsidy? The prices of fertilizers in the country are increasing at a faster rate. This is because prices of ammonia, phosphoric acid, ..

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Cabinet approves Subsidy for Urea produced via Coal Gasification

The Cabinet Committee on Economic Affairs recently approved subsidy for Urea that are to be produced by TFL. TFL is a state-run fertilizer plant. It is Talcher Fertilizer Plant. About the Plant The TFL is to commission a new fertilizer plant in Odisha. This plant will produce urea through coal gasification. The Government of India ..

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